Kemi Badenoch has pledged that a Conservative government would strip out all net zero requirements for North Sea oil and gas operators and focus solely on “maximising extraction” of fossil fuels. In a speech in Aberdeen on Tuesday, the Tory leader is expected to promise that her party will “get all our oil and gas out of the North Sea”, ...
HM Revenue & Customs is seeking to recover about £90 million in unpaid taxes from temporary staffing business Challenge Recruitment Group, after the company was rescued from insolvency in an £18 million pre-pack administration deal. The US workforce platform swipejobs acquired Challenge’s core assets in July, taking over contracts with major UK clients including Tesco, Sainsbury’s and Co-op. Administrators FRP ...
Business confidence in the UK has climbed to its highest level since Rachel Reeves’ first budget last October, though leaders warn the fragile recovery could be undermined by further tax hikes in the autumn. The Institute of Directors’ (IoD) index of optimism rose to -61 in August, up from -72 in July, recovering from a record low but still signalling ...
Seventeen years after its launch amid the global financial crisis, the Lewes Pound, the UK’s last surviving local currency, has ceased circulation. First issued in 2008 in the East Sussex town of Lewes, the currency became a symbol of independence and community resilience, created to support small businesses and keep money circulating locally. But the steady rise of cards and ...
One of the UK’s leading tech investors has urged pension funds to increase backing for British scale-ups, warning that too much of the upside from high-growth firms is flowing overseas. Saul Klein, co-founder of venture capital firm Phoenix Court, said that the UK has become Europe’s leading hub for “thoroughbreds” — fast-growing tech firms with revenues above $100 million — ...
Former FBI Director Robert Mueller was diagnosed with Parkinson’s disease, his family revealed to the New York Times. Mueller is the former special counsel who led the Russia investigation into President Donald Trump’s 2016 campaign. Mueller, 81, was diagnosed in 2021 and retired from public life the following year after briefly teaching law, according to a family statement provided to ...
President Donald Trump says he plans to sign an executive order aimed at requiring voter ID in elections across the country. Trump made the statement on social media late Saturday night, saying he is also seeking other reforms to how U.S. elections take place. ‘Voter I.D. Must Be Part of Every Single Vote. NO EXCEPTIONS! I Will Be Doing ...
President Donald Trump has attacked the Senate for blocking his preferred nominees from being confirmed to key positions, but lawmakers and people familiar with the process say the Senate is not necessarily to blame. Trump has faulted the Senate’s ‘blue slip’ tradition, an unwritten rule requiring nominees for judge, U.S. attorney and U.S. marshal to obtain home state senators’ approval ...
Dr. Sohan Dasgupta, appointed earlier this year as the political head of the Millennium Challenge Corporation (MCC), told Fox News Digital he is stepping down after a four-month sprint, declaring his mission to preserve and reposition the U.S. agency as a strategic foreign policy tool as ‘accomplished.’ Created by Congress in 2004, MCC delivers five-year infrastructure and energy compacts to ...
Sen. Bernie Sanders, I-Vt., is demanding that Health and Human Services Secretary Robert F. Kennedy Jr. resign after multiple senior officials at the Center for Disease Control and Prevention departed the agency. The Trump administration announced the removal of CDC Director Susan Monarez earlier this week, less than a month after she was confirmed, after she refused Kennedy’s directives to ...